Business, 24.07.2019 23:50 codycollier
Which describes the difference between simple and compound interest? simple interest is paid on small, short-term loans, while compound interest is paid on large, long-term loans. simple interest is paid on the principal, while compound interest is paid on the principal and interest accrued. simple interest is paid on large, long-term loans, while compound interest is paid on small, short-term loans. simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal.
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Which describes the difference between simple and compound interest? simple interest is paid on sma...
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